320 LAWS OF MARYLAND. [CH. 175

finished, dissolution terminates all authority of any partner
to act for the partnership,

(1) With respect to the partners,

(a) When the dissolution is not by the act, bankruptcy or
death of a partner; or

(b) When the dissolution is by such act, bankruptcy or
death of a partner, in cases where section 34 so requires.

(2) With respect to persons not partners, as declared in
section 35.

SEC. 34. (Right of Partner to Contribution From Co-
partners After Dissolution. ) Where the dissolution is caused
by the act, death or bankruptcy of a partner, each partner is
liable to his co-partners for his share of any liability created
by any partner acting for the partnership as if the partnership
had not been dissolved unless

(a) The dissolution being by act of any partner, the part-
ner acting for the partnership had knowledge of the dissolu-
tion, or

(b) The dissolution being by the death or bankruptcy of a
partner, the partner acting for the partnership had knowledge
or notice of the death or bankruptcy.

SEC. 35. (Power of Partner to Bind Partnership to Third
Persons After Dissolution. ) (1) After dissolution a partner
can bind the partnership except as provided in paragraph (3)

(a) By any act appropriate for winding up partnership
affairs or completing transactions unfinished at dissolution;

(b) By any transaction which would bind the partnership
if dissolution had not taken place, provided the other party to
the transaction

I. Had extended credit to the partnership prior to dissolu-
tion and had no knowledge or notice of the dissolution; or

II. Though he had not so extended credit, had neverthe-
less known of the partnership prior to dissolution, and, having
no knowledge or notice of dissolution, the fact of dissolution
had not been advertised in a newspaper of general circulation
in the place (or in each place if more than one) at which the
partnership business was regularly carried on.

(2) The liability of a partner under paragraph (1b) shall
be satisfied ont of partnership assets alone when such partner
had been prior to dissolution

(a) Unknown as a partner to the person with whom
contract is made; and